Environmentalists renew calls for windfall tax to support households after Q2 earnings rise to almost $10bn Shell has posted its second highest quarterly earnings on record as the energy market surge ...
The energy crisis sparked by the war with Iran has prompted Shell SHEL1.76%increase; up pointing triangle to produce at more than 100%. The British energy giant said it ran its refineries at 102% of ...
Shell has revealed a 70% lift in half-year profits to $16.75bn (£12.6bn), prompting a long-standing critic to claim they were "running out of words to describe the obscenity" of the numbers. The oil ...
June 12 (Reuters) - Shell (SHEL.L), opens new tab is ‌preparing to launch a sale of its offshore wind farms that could fetch more than $1 billion, in the oil giant's latest move away from renewable ...
While the current conflict is headline news, the energy sector has a long history of volatility. Today's high oil prices aren't really unusual. If history is a guide, when the conflict ends and the ...
Shell's CEO used a specific phrase on the earnings call that captures how serious the global oil supply situation has become. The shortage Sawan described has an unusual characteristic that means it ...
Paramount President Jeff Shell is leaving his position after a lawsuit accused him of violating SEC rules. The company said in a statement that the claims were "baseless." Shell previously departed ...
Competition in the world of business is a good thing for the consumer, right? It keeps prices down and forces innovation. Well, the motor oil space isn't as competitive as you might have thought. For ...
Shell has canceled its Rotterdam biofuels plant due to financial and competitiveness concerns. The project was intended to produce sustainable aviation fuel (SAF) and renewable diesel. Shell continues ...
Colette Hirstius, a New Orleans native who currently oversees Shell's operations in the Gulf of Mexico, will take over as president of the European oil giant's U.S. business, the company said this ...
The energy sector stands at a pivotal moment in history. As the world grapples with the urgent need to reduce emissions while meeting growing energy demands, artificial intelligence is emerging as a ...
A Dutch appeals court on Tuesday ruled in favor of oil giant Shell and overturned a landmark 2021 ruling by a lower court that ordered the company to sharply reduce its carbon emissions by the end of ...